Latest news with #Commander3XL
Yahoo
6 days ago
- Business
- Yahoo
Draganfly Inc (DPRO) Q2 2025 Earnings Call Highlights: Strong Revenue Growth Amidst ...
Release Date: August 11, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Positive Points Draganfly Inc (NASDAQ:DPRO) reported a 37% quarter-over-quarter increase and a 22% year-over-year increase in revenue for Q2 2025. The company achieved a 100% success rate with its Commander 3 XL plus Drops payload system at the US Army Cemex 25 event. Draganfly Inc (NASDAQ:DPRO) closed a $13.75 million public offering, significantly bolstering its balance sheet. The company was selected for a US Southern Border drone pilot program, showcasing its advanced drone capabilities. Draganfly Inc (NASDAQ:DPRO) secured a strategic military order for its Commander 3XL UAV systems, indicating strong demand in the defense sector. Negative Points The company reported a comprehensive loss of $4.7 million for the quarter, compared to a loss of $7.1 million in the same quarter last year. Gross margin decreased to 24.4% from 34.4% year-over-year, indicating pressure on profitability. Higher office and miscellaneous costs, wage costs, and share-based payments contributed to the increased loss. The company is still in the process of obtaining Blue List and Green List certifications, which could impact future sales. There are ongoing challenges in scaling production capacity to meet potential large contract demands. Q & A Highlights Warning! GuruFocus has detected 5 Warning Signs with DPRO. Q: Can you comment on Draganfly's status on the AUVSI green list and the impact of the new drone memo by Secretary Heeth on these classifications? A: Cameron Shell, CEO, acknowledged that initially, the importance of being on the Blue List was underestimated. Draganfly is now in the process of testing for the Blue List and has submitted for the Green List. Despite the delay, it hasn't hindered sales into defense and law enforcement. The focus remains on demonstrating capabilities, performance, and compliance with supply chain criteria. Q: With a healthy cash balance, what are Draganfly's plans for these funds? A: Cameron Shell, CEO, stated that the focus is on organic growth and scaling the ability to iterate quickly, which is crucial for maintaining a competitive advantage. While some M&A activity is being considered, the primary goal is to ensure customer confidence and support growth with a strong balance sheet. Q: How is Draganfly positioned in terms of production capacity to handle potential large contracts? A: Cameron Shell, CEO, explained that Draganfly has built up production capacity over the last couple of years, which was necessary to secure current orders. The company is also pursuing additional contract manufacturing capabilities to scale further, ensuring readiness for detailed customer requirements. Q: Has Draganfly seen increased interest from police departments adopting drones as first responders? A: Cameron Shell, CEO, noted significant interest, particularly from smaller and rural departments. While larger departments have been early adopters, the focus is on providing multi-mission drones to smaller agencies, which are quicker to move and have different budget constraints. Q: Could an end to the Ukraine conflict negatively impact Draganfly or the drone industry? A: Cameron Shell, CEO, believes that the conflict has highlighted the essential role of drones, and their use will likely continue to increase even if the conflict ends. The focus will shift to areas like ISR logistics, demining, and reconstruction, ensuring continued demand for diverse drone applications. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
Yahoo
24-07-2025
- Business
- Yahoo
Draganfly Secures Strategic Military Order for Commander 3XL UAV Systems
Tampa Bay, Florida, July 22, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8A) ('Draganfly' or the 'Company'), an award-winning developer of drone solutions and systems developer, today announced the sale of Commander 3XL Unmanned Aerial Vehicle (UAV) systems to a globally recognized defense contractor specializing in persistent surveillance technologies for military operations. A trusted partner to U.S. and allied defense forces for decades, the client is one of the world's leading providers of persistent surveillance platforms. Its systems are deployed across key Department of Defense (DoD) and allied installations, delivering reliable, persistent intelligence, surveillance, and reconnaissance (ISR) capabilities. The Commander 3XL's modular payload architecture, extended endurance, and AI-enabled mission control make it an ideal asset for military-grade surveillance programs. The systems will support perimeter security, early warning, and real-time situational awareness, operating seamlessly alongside and integrated with persistent platforms and ground-based command centers. 'This sale marks a significant milestone for Draganfly as we expand our presence in the defense sector,' said Cameron Chell, CEO of Draganfly. 'We are honored that the Commander 3XL has been chosen for integration into one of the world's most advanced and enduring persistent surveillance platforms. This integration enhances capabilities for military and border surveillance systems, providing greater reach and effectiveness.' This purchase further underscores the Commander 3XL's versatility in both static and dynamic ISR environments, enabling defense clients to adapt swiftly to evolving threat landscapes. About Draganfly Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8A) is a leader in cutting-edge drone solutions and software that are transforming industries and serving stakeholders globally. Recognized for innovation and excellence for over 25 years, Draganfly delivers award-winning technology to the public safety, agriculture, industrial inspection, security, mapping, and surveying markets. The Company is driven by passion, ingenuity, and a mission to provide efficient solutions and first-class services to customers worldwide, saving time, money, and lives. NASDAQ (DPRO)CSE (DPRO)FSE (3U8) Media Contact:Erika RacicotEmail: media@ Company Contact Cameron Chell Chief Executive Officer (306) 955-9907 info@ This release contains certain 'forward looking statements' and certain 'forward-looking information' as defined under applicable securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as 'may', 'will', 'expect', 'intend', 'estimate', 'anticipate', 'believe', 'continue', 'plans' or similar terminology. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements include, but are not limited to, statements with respect to the Commander 3XL's modular payload architecture, extended endurance, and AI-enabled mission control make it an ideal asset for military-grade surveillance programs as well as that the systems will support perimeter security, early warning, and real-time situational awareness, operating seamlessly alongside persistent platforms and ground-based command centers. Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company's actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out here in, including but not limited to: the potential impact of epidemics, pandemics or other public health crises, including the COVID-19 pandemic, on the Company's business, operations and financial condition; the successful integration of technology; the inherent risks involved in the general securities markets; uncertainties relating to the availability and costs of financing needed in the future; the inherent uncertainty of cost estimates; the potential for unexpected costs and expenses, currency fluctuations; regulatory restrictions; and liability, competition, loss of key employees and other related risks and uncertainties disclosed under the heading 'Risk Factors' in the Company's most recent filings filed with securities regulators in Canada on the SEDAR website at and with the United States Securities and Exchange Commission (the 'SEC') on EDGAR through the SEC's website at The Company undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents managements' best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Market Online
16-07-2025
- Business
- The Market Online
Drone innovator partners with U.S. Department of Defense
A branch of the United States Department of Defense selected Draganfly (CSE:DPRO) and its Commander3 XL unmanned aerial vehicle platform to support advanced operational initiatives, including intelligence, surveillance and reconnaissance Draganfly specializes in drone solutions, AI-driven software and robotics Draganfly stock is up by 14.17 per cent on the news but has given back 22.21 per cent year-over-year A branch of the United States Department of Defense selected drone and robotics developer Draganfly (CSE:DPRO) and its Commander3 XL unmanned aerial vehicle platform to support advanced operational initiatives, including intelligence, surveillance and reconnaissance. This content has been prepared as part of a partnership with Draganfly Inc., and is intended for informational purposes only. Draganfly worked with a known prime contractor and met with military stakeholders to ensure the platform was mission-ready, leveraging what Wednesday's news release describes as its 'robust flight performance, modular payload options and mission-specific adaptability,' qualities that make it 'a trusted platform for complex defense, security and emergency response operations.' The Commander 3XL offers a payload of up to 22 pounds, a flight time of up to 50 minutes and a communication range of up to 10 kilometres, boasting one of the most advanced autopilot systems in the world and Blue UAS certification for both government and military applications. Leadership insights 'This delivery further validates the Commander3 XL's reliability and versatility for frontline applications,' Cameron Chell, Draganfly's chief executive officer, said in a statement. 'We're honored to support the DoD's commitment to autonomous and semi-autonomous multi-mission systems that enhance operational effectiveness.' About Draganfly Draganfly specializes in drone solutions, AI-driven software and robotics, offering exposure to a more than 25-year track record serving the public safety, agriculture, industrial inspection, security, mapping and surveying markets. Draganfly stock (CSE:DPRO) is up by 14.17 per cent on the news trading at C$5.64 as of 11:23 am ET. The stock has given back 22.21 per cent year-over-year. Join the discussion: Find out what everybody's saying about this drone and robotics stock on the Draganfly Inc. Bullboard and check out the rest of Stockhouse's stock forums and message boards. Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here.
Business Upturn
16-07-2025
- Business
- Business Upturn
Draganfly's Commander3 XL UAV Selected by Major Branch of the U.S. Department of Defense for Advanced Operation Initiatives
By GlobeNewswire Published on July 16, 2025, 16:15 IST Tampa, FL, July 16, 2025 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8A) ('Draganfly' or the 'Company'), an award-winning developer of drone solutions, software, and robotics, today announced the successful selection of its Commander3 XL (C3XL) UAV platform, also known as the 'Swiss Army Knife' of drones, by a major branch of the United States Department of Defense (DoD). This delivery supports next-generation deployment initiatives focused on advanced reconnaissance in combination with operational capabilities. The procurement was facilitated through a known prime contractor, with Draganfly engaging directly with end-user military stakeholders to ensure the platform was tailored to meet real-world mission requirements. The Commander3 XL platform is to be deployed for intelligence, surveillance, and reconnaissance (ISR) missions that require additional operational capabilities underscoring the growing demand for adaptable UAV platforms in active defense scenarios. 'This delivery further validates the Commander3 XL's reliability and versatility for frontline applications,' said Cameron Chell, CEO of Draganfly. 'We're honored to support the DoD's commitment to autonomous and semi-autonomous multi-mission systems that enhance operational effectiveness.' The Commander3 XL is renowned for its robust flight performance, modular payload options, and mission-specific adaptability, making it a trusted platform for complex defense, security, and emergency response operations. About Draganfly Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8A) is a pioneer in drone solutions, AI-driven software, and robotics. With over 25 years of innovation, Draganfly has been at the forefront of drone technology, providing solutions for public safety, agriculture, industrial inspections, security, mapping, and surveying. The Company is committed to delivering efficient, reliable, and industry-leading technology that helps organizations save time, money, and lives. Media Contact [email protected] Company ContactCameron ChellChief Executive Officer(306) 955-9907 [email protected] CSE Listing NASDAQ Listing Frankfurt Listing Forward-Looking Statements This release contains certain 'forward looking statements' and certain 'forward-looking information' as defined under applicable securities laws. Forward-looking statements and information can generally be identified by the use of forward-looking terminology such as 'may', 'will', 'expect', 'intend', 'estimate', 'anticipate', 'believe', 'continue', 'plans' or similar terminology. Forward-looking statements and information are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that, while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements include, but are not limited to, statements with respect to the Commander 3XL platform's ability to meet real-world mission requirements, its ability to complete ISR missions that may require a mission profile requiring additional operational capabilities, and statements regarding the growing demand for adaptable UAV platforms in active defense scenarios Forward-looking statements and information are subject to various known and unknown risks and uncertainties, many of which are beyond the ability of the Company to control or predict, that may cause the Company's actual results, performance or achievements to be materially different from those expressed or implied thereby, and are developed based on assumptions about such risks, uncertainties and other factors set out here in, including but not limited to: the potential impact of epidemics, pandemics or other public health crises, including the COVID-19 pandemic, on the Company's business, operations and financial condition; the successful integration of technology; the inherent risks involved in the general securities markets; uncertainties relating to the availability and costs of financing needed in the future; the inherent uncertainty of cost estimates; the potential for unexpected costs and expenses, currency fluctuations; regulatory restrictions; and liability, competition, loss of key employees and other related risks and uncertainties disclosed under the heading 'Risk Factors' in the Company's most recent filings filed with securities regulators in Canada on the SEDAR website at and with the United States Securities and Exchange Commission (the 'SEC') on EDGAR through the SEC's website at The Company undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents managements' best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
